Technavio market research analysts foresee positive growth for many segments of the automation industry in the next five years. In their recent findings, Technavio talks about three flourishing markets under the automation industry that are anticipated to generate considerable revenues and grow at a consistent rate during the forecast period.
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Global Industrial Valves and Actuators Market 2017-2021
Technavio analysts have predicted the growth prospects of the global industrial valves and actuators market for the forecast period by taking into consideration the various factors that facilitate the growth of the overall automation industry. The oil and gas industry is anticipated to emerge as the primary end-user of industrial valves and actuators through 2021, followed closely by the water and waste management industry.
Technavio’s market research analysts present an in-depth analysis of the various parameters such as trends that impact the market’s growth as well vendors who are likely to dominate the global market. Request a sample report
Global Industrial Energy-Efficiency Services Market 2016-2020
The global industrial energy-efficiency services market is expected to post growth at a CAGR of more than 6% between 2016 and 2020. According to the analysts at Technavio, the market’s growth during the forecast period will be dependent on factors such as increasing support from regulatory bodies for energy-efficiency services. For instance, the Paris Agreement and EU devised the Energy Efficiency Directive (EED), and growing involvement of banks and non-banking institutions. The Americas will emerge as the key revenue generating segment of this market, followed by the EMEA. Request a sample report
Global Industrial Motherboards Market 2017-2021
Increased capital investments in industries such as automotive, oil and gas, power, chemical and petrochemical, cement, pulp and paper, and pharmaceuticals are expected to be the primary driving force behind the adoption of industrial motherboards in the global market. End-user industry segments are focusing on enhancing their factory operations, optimize productivity, improve worker and process safety, and reduce power consumption through the adoption of industrial motherboards, especially APEX motherboards. Valued at more than USD 1 billion during 2016, the global industrial motherboards market will experience growth at a CAGR of around 6% to account for a revenue of around USD 2 billion by 2021. Advantech, Kontron, Beckhoff Automation, and Avalue Technology constitute the key vendors in the market. Request a sample report
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